Geneva (ots/PRNewswire) - The European Market Leader Sees
Unsustainable Revenue Growth.
As the private aviation charter market continues to enjoy a "new
golden age", Geneva based LunaJets warns at this EBACE of a hard
landing as it sees more signs of market bubbles.
"This year-to-date, our growth is over 90%, considering a $110M
revenue in 2021 for our private jet charter division" comments
Guillaume Launay, LunaJets Sales Director "our Web platform model and
industry position puts us at the front line of any market changes;
and I can tell you that the shift has been dramatic" Launay adds.
LunaJets' website and mobile app receives thousands of visitors every
day. A large portion of whom are newcomers who aim to avoid
post-Covid commercial airport and airline experience at any cost.
Last year, LunaJets acquired north of 1,000 new clients.
Eymeric Segard, LunaJets CEO, warns "I am delighted with our
performance so far. We continue to deliver on our strategy based on
the best technology, and expand with new offices into new markets.
Nonetheless, I maintain a cautiously optimistic and opportunistic
approach as I don't believe in the current euphoria and see more
risks ahead for our industry. Either the current trend lasts, and the
market faces a major supply issue, or it reverses dramatically and
faces a new wave of bankruptcies. 2021 was like a wild pendulum, from
one side to the other in 3 months and I don't see any indication of a
soft landing. Having said that I will not be surprised if we
experience another >50% growth in our revenue this year if the
current situation remains."
Segard adds "Most of our competitors have either been acquired, gone
into administration or are currently for sale. With our long-term
track record and cash rich balance sheet we are ready to seize any
opportunity as we expect more consolidation ahead when the market
Segard lists his view of the risks for the industry:
* Post-Covid recovery mostly based on new clients and short
rather than existing and long haul.
* Business clients have not returned to pre-Covid level as video
remote working are still favoured
* Financial market volatility may send new clients back to
* The crypto wealth effect may disappear as fast as it stormed our
* War in Ukraine
* Supply chain disruption will delay plane delivery and maintenance
* Pilot and crew shortage
* Impact of inflation on charter rates
* Rising cost of debt and financing will impact the velocity of
sales and acquisition market
* IPO's, SPAC's and M&A activity at nonsense prices will fade
* New Covid variants
* Sustainability regulations
LunaSolutions, the sales & acquisition division of the group, is also
experiencing a strong year and hits a new record of transactions. "We
see aircraft that we sold within the last 18 months coming back on
the market at a premium of 50%" comments Alain Leboursier, LunaJets
MD. "The market has shifted from struggling to find buyers to
struggling to find enough good aircraft in a few months. The
situation is very similar to the charter market, and maybe worse than
the 2008 bubble peak" fears Leboursier.
"We will continue to diversify our revenue stream into other aviation
services markets. During Covid we opened a new Cargo division,
LunaLogisitisk, and a Group Charter division, run by Rémi Aubin in
Paris, who has already organised flights for more than 18,000
passengers this year".
Founded 15 years ago by Eymeric Segard, an ex-Ogilvy executive,
LunaJets revolutionised the private jet charter market, then mostly
controlled by a group of Jet operators, limited to their own fleet
and business interests. The company was the first to offer a web
platform to access an unlimited category of business aircraft, with
no minimum notice, "peak days" or fleet restrictions. Based on its
advanced website and mobile app technology the company offers an
independent marketplace to book all types of aircraft. LunaJets is
fully controlled by its founders and managers.
With offices in Geneva, London, Paris, Monaco, Riga and Dubai, the
Group partakes in private jet, passenger group, cargo charter
segments as well as sales, acquisitions and financing of aircraft.
The company is currently hiring new employees into all its divisions
to meet surging demand and raise its service standards.
LunaJets is a leading global provider of private jet charter
solutions based in Geneva with offices in London, Paris, Monaco, Riga
With a team of over 65 experts, based on its proprietary
technologies, LunaJets provides independent advice for booking any
private jet anywhere in the world 24/7. It offers the most flexible
service in the market on all types of flights. In 2015, LunaJets was
the first charter broker to be arg/us certified outside the US. A
certification held to this day. The company was founded in 2007 by
Eymeric Segard, current CEO.
Contact Details: Marketing Department +41 22 782 12 12
Digital press kit: http://www.ots.at/pressemappe/PR163237/aom
Christian Drastil: Wiener Börse Plausch
Wiener Börse Plausch S2/63: Für Wienerberger, voestalpine, Addiko Bank und RBI wird es grenzwertig spannend
Aktien auf dem Radar:Wienerberger, Flughafen Wien, Rosenbauer, Amag, Addiko Bank, Immofinanz, AMS, DO&CO, Strabag, Erste Group, RBI, Agrana, Athos Immobilien, AT&S, Cleen Energy, OMV, Pierer Mobility, SBO, UBM, Uniqa, VIG, voestalpine, Wiener Privatbank, Oberbank AG Stamm, Telekom Austria, Marinomed Biotech, Semperit, RHI Magnesita, S Immo, ATX, DAX.
Vienna International Airport
Die Flughafen Wien AG positioniert sich durch die geografische Lage im Zentrum Europas als eine der wichtigsten Drehscheiben zu den florierenden Destinationen Mittel- und Osteuropas. Der Flughafen Wien war 2016 Ausgangs- oder Endpunkt für über 23 Millionen Passagiere.
>> Besuchen Sie 62 weitere Partner auf boerse-social.com/partner
Mehr aktuelle OTS-Meldungen HIER